Eniva Bankruptcy –3 Factors That May Hinder Recovery?
Eniva Bankruptcy 3 Factors That May Hinder Recovery
?
Eniva's unilevel "Trinary" hybrid compensation plan offers 10 ways to earnincome within the company with varying rewards and perks but a lot of people in the multi-level marketing business don'trealize how big a commitment in time and money is involved in keeping new distributors constantly coming in, keepingthem motivated and going. Eniva Products: The company manufactures a comprehensive line of advanced nutraceuticals,
dietary supplements, and body-support products for humans and companion animals. Eniva have a great range of productsand a selection of very affordable books but probably their most notable range is the Eniva Vibe, all in one liquidnutrition, the downside is that it has to be refrigerated after opening and has to be consumed within 40 days.
The EnivaCompensation Plan: You can earn customer over rides when you enroll someone in the Eniva Wholesale Club Membershipand you'll receive a $40 bonus on the products included with their membership. Achieve the different ranks offered andyou will receive the applicable credit for each position. There is the Area Manager builder bonus, each time a PersonallyEnrolled Member achieves AM, you earn a $200 from their product sales. Then there is the team commissions where youreceive commissions based on the volume of purchases in your team placement tree. You can receive up to 7 levels of paybased upon your qualifying rank position, to name just a few. Phew!Eniva has many requirements for advancement withvarious distributorship tiers, based on increased sales and team size. In general, the specifics of advancements are rathercomplicated for those who prefer simplicity.
Eniva Bankruptcy: So what contributed to Eniva's Chapter 11 filing and whatcan be learnt from it? As mentioned earlier the filing was precipitated by eviction proceedings from the landlords and aspokes person for the company said Eniva was the victim of predatory lending practices and unscrupulous businessbehavior, which had prompted the bankruptcy filing. A Chapter 11, is the reorganization chapter of bankruptcy, so withsome business restructuring, Eniva has every possibility of renewing itself. Unlike many other supplement companiesEniva has its own research and development team and Eniva's products are developed in their own pharmaceutical-gradefacility.
3 Factors I Believe Could Hinder the Recovery:
In my opinion, a product that is sold as a luxury add on, in to-days climate such as Eniva's Vibe, that has to be consumedwithin a short period of time, forces people to keep re-ordering and will naturally see a decline in sales as householdincomes dwindle.When we find out that we have to trim our budgets, food and housing will always come beforewellness products.
If consultants were taught how to brand themselves on the internet with the necessary online marketing tools they
would be able to generate more profit and create a name for themselves, not just the company. It is a know fact thatpeople follow people they like and trust, and if you brand yourself in such a way that gives you a great reputation, thenyou could survive the struggles of the parent company.
Eniva's consultants use the company's personal replicated web sites to brand themselves, but there are limits to thevariety so after a while you could be looking like a good many others and you would struggle to be seen as an individual. I think that this is a major downfall of Eniva, and many other similar MLM companies.
So What would be an alternative?
Well like a good many companies in difficult times it just takes one small slip to unsteady theparent company so the lesson here is to make sure that you are in control of your financial future and the best way to do thiswith a home business is to market yourself online. Get some excellent tutoring and you will never look back. I think that
the Eniva bankruptcy along with Eiro Research earlier this year and Arbonne last year will have made many who work inthe MLM business ponder their futures and they may now be looking for a new, recession proof opportunity. TheInternet offers a good option since it does not rely on a single economy to survive. By having an online business you will
be tapping into a global market that operates 24/7 day and night all year round in a world with billions ofpotential consumers out there everyday.
An Honest Ex Recovery System Evaluation - The Ex Recovery System Revealed Data Entry Company – How to Choose a Genuine Data Entry Firm Protect Your Data with Data Backup as well as Recovery Solution Why Virtual Data Room Minimise Risks In Transactions For Corporations What must be done and expected in the stage of recovery after eye surgery? Benefits of Lymphatic Therapy for Weight Loss, Detoxification, Post Mastectomy Recovery, Fibro-cystic Breasts, Edema and Improved Immunity for HIV Fractured Femur - Three Exercises to Start Your Recovery Server Sprawl Is Strangling Our Data Center What is Logical Drive Failure Recovery? Managing financial data in an enterprise – A real big responsibility! What is Data Storage? Myriad Solutions Celebrates 15 Years Of Providing Data Modeling Tools Data Migration - A Process in technology